securitisation
C2CEFR level
85/100Rarity: very rare
TechnicalRegister
The pooling of financial assets and their conversion into tradable securities sold to investors.
The bank funded its mortgage book through the securitisation of the underlying loans.
Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.
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